Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...
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U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Tokyo will closely monitor the rollout of new US sanctions on Moscow for any impact on shipments of liquefied natural gas from Russia’s Far East, a key source of supply for Japan.
The United States on Wednesday imposed hundreds of sanctions targeting Russia, seeking to increase pressure on Moscow in the ...
Russia is believed to be behind dozens of hybrid attacks, like arson or sabotage, on NATO soil since the Ukraine war started.
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